Tagged: News event

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Coverage: World Bank rival

Despite protests from the U.S., several European countries are planning to join the Asian Investment Bank, led by China. It’s a big move and signals that U.S. influence on the world’s monetary policy might...

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Coverage: GE selling finance arm

The rumors about General Electric getting out of the consumer finance business are true, well, at least in Australia and New Zealand. The group is selling its finance unit, furthering its exit from the...

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Coverage: U.S. banks pass stress test

Two non-U.S. banks, Santander and Deutsche, failed the latest round of stress tests from the Federal Reserve Board. Other banks had to alter their plans to return money to shareholders, but they still passed...

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Coverage: U.S. stocks erase gains

Stock market investors might be suffering from whiplash these days. The dollar is gaining in value, sending markets down and stocks giving up their gains from last year. Joseph Ciolli, Oliver Renick and Michelle...

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Coverage: New CEO at Credit Suisse

After weathering the financial crisis, Brady Dougan is now finding himself under scrutiny and is likely to be replaced by Tidjane Thiam, CEO of Prudential insurance. Swiss banks are coming under fire these days...

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Coverage: ECB ready to start stimulus

The European Central Bank will began buying bonds on Monday, but the bigger news is that the European economy seems to be improving. The Wall Street Journal story by Brian Blackstone had these details:...